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CBS
Dec 23, 2012 6:30am EST
to china's extravaganza. most charismatic, pat? >> rg3. redskin rookie of the nfl. maybe mvp. has set this city on fire. >> marco rubio. senator from florida whose articulate to the point of almost being dem ogic. . but he is a riveting speaker and he has a future. >> are you afraid of him. >> no. i just pointed out his attributes. >> he is richly republican. you know that? >> right. but the democrats have their bench, too. >> i mean, after that, you know, the democrats still going to embrace you? >> i still think that bill clinton's speech at the democratic convention was the most exciting moment of that convention. turned around the whole convention and once again revealed the great talents of bill clinton. >> does he save it? >> you are showing your brilliance again. >> i absolutely agree. a better job than barack obama did. >> i want to add to the clinton tribute. the most charismatic bill clinton. for stellar performance of the democratic national convention. his 40 minute speech was critical for a second term for barack obama. it redefined the global economic crisis. he describ
CNN
Dec 29, 2012 3:00pm PST
five, china, is china slowing or leading the world? we do know that china will be the biggest economy in the world by 2020, for sure, by 2030. china also getting more than a few mentions during the presidential campaign's probably because it is pretty clear, china is both a competitor and a partner. >> number four, europe, the european union was fractured by debt and the plans to fix it. that saga is far from over. >>> number three, the housing market, finally, finally bottomed out. the combination of home prices and continued mortgage rates set off a building and buying spree. well-he well-heeled investors began to buy entire neighborhoods. and homeowners got more with a hefty down payment. >> and cnn predicts that barack obama will be reelected president of the united states. >> the election, more than just about obama and romney, more about socialism, and capitalism and spending, about the role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it until after the election. had they put politics
FOX Business
Dec 13, 2012 12:00am EST
help. the only culprit that i can think of is china because china has supplied technology to north korea's missile program in the past. we saw that on april 15th where the missile launchers they came from china. they were paraded in pongyang. they sold the missile launchers, probably sold the missiles and sold the same launchers and missiles to pakistan. we shouldn't be surprised china is there. melissa: speaking ofoney, you brought that up, north korea spent $3.2 billion over 14 years on weapons. annual per capita salary in the country is $2,000. you know, i mean it's a tough comparison. why is this meaningful to us though, that they have achieved this? >> well, because within a year, maybe 18 months, they will be able to put a nuclear warhead on a long-range missile and send it to the united states. we really have no defenses for that. once it is in the air it is very hard for us to shoot it down. which means we don't have that much time to stop the north korean missile program. this is unstable regime after all. this is not like the sovietnion, a status quo power. this is countr
FOX Business
Dec 4, 2012 4:00pm EST
that you or some see as much as a 50% gain on, and that's a whole country, china. china's been beaten down so much over the past year, that some people are expecting a 50% rally. what do you think about china investment right now? >> i'll tell you, ddve, one thing about china that we noticed is every since the national congress went by them, there was not a stimulus coming from them, the stock market got hammered, even though the economic data gets better. they are one of the worst emerging markets so far year to date. with the lower chains of stimulus, investors pull out. money going into is the chinese shares. what are the shares? the hong kong proxy for the market. foreign investors, like hedge funds, short the market, and they are covering shorts now. carson black is a short seller bear own china and he covered all the chinese shorts. right now, there's a noted technician out there in the market, tom demark, a lot of the faster hedge funds listen to him. he said yesterday, you know what? there's a good chance of a 50% jump in shanghai composite. david: where do you put your money? >> t
FOX News
Dec 12, 2012 12:00pm PST
of the sea travel in and out of the port and any part for the missiles would have come through china which is north korea's only friend and, then, the voice of america reported this week that an iranian team had been seen in north korea in recent days and there is some presumption that, in fact, iranians may have helped them. this is the first successful long-range rocket this year. earlier in april it was not successful. certainly, all eyes are on iran in weres of the role it my have played. >>shepard: thank you. we have used a carrot and stick approach with north korea over the years. it doesn't really seem to have made were of a difference. we will look at the diplomatic efforts with the former away bill richardson who has lots of experience dealing with north korea. and 100 countries throwing their support behind the syrian rebels . so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so t
CSPAN
Dec 27, 2012 6:00am EST
china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby entering into recession by cutting, cutting, cutting -- volcker as the head of the fed had a different idea. we are going to expand our dominance and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of ours. and who is going to pay for the deficit? if i have an ever-expanding deficit, the bank tells me it is game over. but if you are the united states of america and you have the reserve currency of the world, and certain other factors that i will touch upon later, what you can do is you can expand your deficit as long as you create the circum
CNBC
Dec 17, 2012 5:00pm EST
that sign out of china. you are seeing that the biggest industrial exporting country in the world, germany, look at the autos, look at volkswagen, these guys are in multimonth highs and many cases, multiyear highs. this is telling you that the global economy is not dead. when you layer in, you know, kay schiller at six-month highs and the housing stocks doing what they're doing, this shouldn't be a big surprise. >> we have japan with its election, stimulus is on the way there and the european data doesn't seem to be getting much worse. >> potentially europe looks like it's at least stabilized. if china has a soft landing, it's pretty hard to get bearish on the global economy when you have two of the major economies hopefully and looking like -- >> we are only a couple percent from the highs we made. what is it discounting? and just one other point, if you look at the bank stocks, the way they act here, if you look in europe, the euro stocks bank index is really flat here. for the last couple of months here and to me, you know, the u.s. banking index needs to see the confirmation of europe
CNN
Dec 22, 2012 10:00am PST
growth in the u.s. and that can become even stronger engines for both. china is slowing, europe is in recession. so the main concern -- and this is a risk scenario, what they call a left tail. it's not the baseline, is that we get a tipping process that one bad thing here leads to another bad thing elsewhere, which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week washington will find a way to avoid this fiscal cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> we are on the road to an economic renaissance. think about the united states econom
CNN
Dec 23, 2012 12:00pm PST
stronger engines for growth. china slowing, europe is in recession. the main concern -- and this is a risk scenario. what they call a left tale, it's not the baseline, is we get a tipping process. that one bad thing here leads to another bad thing elsewhere which comes back here. and that's why the hope is somehow, somehow, i don't know how, but somehow in the next week, washington will find a way to avoid the fiscal cliff. >> from your lips to god's ears, thanks very much. mohammed al arian. mark zandy and christine romans. as long as congress does not trip us up, we're on the way to an economic renaissance in our country. >>> we are on the road to an economic renaissance. i want to you think about the united states economy like a runner along this road. full economic recovery and prosperity is the destination, the economy right now, that's warming up with a nice jog, getting ready to break into a full sprint. gross domestic product, the broadest measure for the economy grew by an annual rate of 3.1 over the summer, more than double the rate of the previous quarter. spending by americans
CSPAN
Dec 12, 2012 5:00pm EST
, as of right now china owns $1.15 trillion of our debt. then, number two on the list, is japan with $1.13 trillion of our debt. now, this is interesting. out of this debt number three on the list is opec. opec is an entity. that's the countries of ecuador and venezuela and india and bahrain and iran and iraq and kuwait and amman and qatar and saudi arabia and the u.a.e., algeria, ga been a, -- gabon, nigeria. they're now number three on the list and they own $267 billion of our debt. brazil comes in at number four, $250.5 billion. and then number five on the list, new to the list, the top five list, the caribbean banking centers. now own $240.4 billion of u.s. debt. by the way, caribbean banking centers are the bahamas, bermuda, cayman islands, netherlands and panama. this is who owns us. this is who owns our debt. and this is why on this side of the aisle, what we continue to say is the spending has to be dealt with. we have seen -- we've heard from everybody. we are hearing from economists all around the globe. and they repeatedly say what we are saying, what we've been saying for ye
CSPAN
Dec 30, 2012 12:35am EST
and a half percent per year, suddenly it started going up 3% a year as china and india really kicked in. other things being equal, if you change the rate of emission of co2 to the atmosphere, the so-called airborne fraction, the fraction of the co2 that appears in the atmosphere should increase, simply because that quick injection of co2 causes the ocean surface layers to be relatively saturated so it can't get in to the ocean as fast as it used to. but what's actually happened in the last 12 years is the airborne fraction has plummeted. it's now only about 40%. the other 60% is disappearing. and it's not mostly going in to the ocean. the good fraction of it is being taken up, somehow, by the terrestrial biosphere. of i think that's because the -- we were doubling -- i think we're doubling down on the faustian bargain because we're fertilizing the terrestrial biosphere, both with the co2 in the atmosphere and the combination of that with more nitrogen which will spread in part of -- the nitrogen is being spread around by these aerosols which china and india are putting out and its actua
ABC
Dec 27, 2012 11:00am PST
on your search the stores that are agreeing to pull -- >>> frightening scene in china a shark tank bursts sending water and the sharks rushing into a mall. >>> sacramento police say fourc] teenagerséaé7]m fairfield, san rafael, antioch livermore the rest of us in the low 50s monterey bay and inland upper 40s to low 50s, definitely brighter today, a lot of sun and dry weather, light rain moves in tomorrow and it turns over to showers saturday when we could have heavier rain friday night into saturday with showers dry pattern sunday, monday and tuesday, three days. here's what is going on, high pressure coming in drying up the system and the flow that's why we are going to have a dry day today. no rain today. just mostly sunny. let me show you what we are forecasting for what is going to happen 7:00 tomorrow morning you can see we have cloud cover. about noon you see light sprinkles ahead, steady rain moving into the north bay, over taking all of our neighborhoods by the evening as we go into the evening and overnight, slow starting to develop, darker greens show up, more moderate rain o
KOFY
Dec 27, 2012 11:30am PST
that are agreeing to pull -- >>> frightening scene in china a shark tank bursts sending water and the sharks rushing into a mall. >>> sacramento police say fourc] teenagerséaé7]m fairfield, san rafael, antioch livermore the rest of us in the low 50s monterey bay and inland upper 40s to low 50s, definitely brighter today, a lot of sun and dry weather, light rain moves in tomorrow and it turns over to showers saturday when we could have heavier rain friday night into saturday with showers dry pattern sunday, monday and tuesday, three days. here's what is going on, high pressure coming in drying up the system and the flow that's why we are going to have a dry day today. no rain today. just mostly sunny. let me show you what we are forecasting for what is going to happen 7:00 tomorrow morning you can see we have cloud cover. about noon you see light sprinkles ahead, steady rain moving into the north bay, over taking all of our neighborhoods by the evening as we go into the evening and overnight, slow starting to develop, darker greens show up, more moderate rain over the bay, also snow level down to
LINKTV
Dec 26, 2012 7:00pm PST
with china. they have long wanted to rewrite the pacifist constitution that allows only a military for self-defense. >> this is how to reshape of the culture of japanese postwar society. he has written about these things in the past and that is what he is concerned with. >> a cabinet of new faces from his liberal democratic party. they will have to win over a public weary of revolving door politics and convinces people that the best of times is still ahead. >> toyoda agrees to pay more than $1 billion to settle legal claims. the problems were found in many hybrid models that covers direct payout to customers and will go towards installing a break overrides system in 3 million cars. former car owners sold vehicles below the value because of bad publicity. the deal still needs to be approved by california federal judge. i am joined by the adult professor of economics at nyu, could have you with us. it is potentially one of the biggest settlement in history in the u.s.. if a sign of how serious this case is. >> is certainly is a large amount. nobody is for defective vehicles, but i think it is
NBC
Dec 17, 2012 11:00pm EST
. the competition in china. a kissing competition today. they were all in love, but this concept was not easy. each man had to kiss his girlfriend while his feet were off the ground. in the second round, each man had to carry his girlfriend while kissing her. the winning couple took home rings. >> now, your weather forecast. >> pictures of fog in the area made for an interesting to me. father -- a fog advisory. 300 flights cancelled this evening because of the fog. some of that travel delay may linger into the morning. we have been helped out a little bit now because of rain showers, and the rain comes through and picked up tiny little bit of fog. that rain may not last all night. the fog could well come back. keep that in mind. you might want to give a little extra time tomorrow morning. the current temperature. we are seeing warmer air moving in through the evening as winds have turned around in the south. we are still an inch and a half below normal. 5.7 inches below normal for this -- precipitation for the year with a couple weeks to go. you can see heavier rains moving out of pennsylvania. the
NBC
Dec 25, 2012 6:00pm EST
on china as part of his blessing and offered prayers for peace in syria, a solution to the crisis, and tolerance in china. the catholic church faces discrimination from the communist leaders. he also encouraged egypt to build a just and respectful societies. the archbishop is getting his first taste as leader of the archdiocese and baltimore. he celebrated his first christmas mass with hundreds of parishioners at the cathedral of mary our queen. he spoke on the meaning of christmas and the tragedy in connecticut. >> my heart was cells of the folks -- is with all of the folks, asking the lord to give them consolation and healing. certainly to let them know our solidarity with them in prayer. they have been inundated with so many things, phone calls, but what they and really need are our prayers'. >> he spent 11 years as bishop of bridgeport, conn. for jews, christmas is a day of volunteering. more than 600 took place. families prepared winter care packages for homeless shelters. they include scarfs and hats made by members of the community. organizers say it was important for the c
PBS
Dec 4, 2012 12:00am PST
concerns that china, russia, and others will seek new limits on internet access. the head of the u.n. regulatory agency insisted such claims are "completely untrue." concerns about flooding eased in northern california today, despite heavy downpours over the weekend. the region has had three powerful storms in the last week. as much as an inch of rain an hour fell in some communities yesterday. rivers swelled, but the storm moved faster than expected so flooding wasn't as bad as it could have been. still, strong winds downed trees, leaving some 57,000 people without power. some 20,000 public school students in five states will spend more time in the classroom next year. they're part of a pilot program announced today in colorado, new york, massachusetts, connecticut, and tennessee. a total of 40 schools will add at least 300 hours to the standard school calendar. the goal is to see whether more time will make american students more competitive on a global level. britain welcomed news today that prince william and his wife catherine are expecting their first child. the announcement
CNBC
Dec 12, 2012 1:00pm EST
, china on the long side. >> that does it for us. catch the documentary tonight, behind closed doors at mariott, start at okay. >>> "halftime" is over. second half of the trading day starts now. >> absolutely. spend the night in a hotel with scott walker tonight at 9:00. ats he froo free. fed leaving interest rates the same but that's not the news. there is a new bond buying program and making an historic move keeping interest rates down low so long as unemployment rates stays above 6.5%. tying the rate it an economic trigger. an date. fed chief bernanke gearing up in about an hour's time. apple moving into your living room. yes, sir. tech tightian reportedly closer to testing several tv set designs. will it be the game-changer that so many have been waiting on? and you heard it here on cnbc. j.p. morgan's jamie dimon. taking about the fiscal cliff. do they expect a deal? their take on what happens if we do go over. my partner sue at the new york stock exchange. my partner sue with big interviewes this hour. >> that's right, ty. i spent the afternoon at blackrock's trading room and i
CNBC
Dec 17, 2012 9:00am EST
a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversin
FOX Business
Dec 10, 2012 1:00pm EST
business brief. a new report says china will have the world's largest economy by 2030. the national intelligence council global trends report takes into account fax tores like globalization and environment. europe, japan and russia are expected to continue declining economically. >>> standard charter reached at 327 dal million settlement with u.s. regulators for hiding the identity of iranian customers involved in dollar clearing transactions. the nearly three-year-investigation discovered criminal activity dating back to 2001. >>> boeing finalized a order for turkish airlines for 15, 777 extended range planes. the largest deal by value in turkish airline history. melissa: so is global warming to blame for hurricane sandy, right? former vice president al gore thinks so and blames president obama for not doing enough to fix it. >> it is causing these extreme weather events. dirty energy causes dirty weather. and we have to come to our senses and do something about it. i deeply respect our president. i'm grateful for the steps that he has taken but we can not have four more years of m
FOX News
Dec 10, 2012 6:00am PST
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
CSPAN
Dec 6, 2012 9:00am EST
'm with the world journal. could you address growing chinese assertiveness in south china sea and east china sea? and given china just announced they will intercept the ship's that go into territorial waters. so are you going to participate in upcoming defense talks with chinese? and what message do you want to tell them? thank you. >> well, thank you for that question. of course the issues that are being placed today in a south china sea and other areas in the north and central, east asia, i think are quite complicated because of the nature of the territorial disputes, some of them historic, some of them now driven by the need for access to resources in those areas, and that's i think to some degree has motivated some of the activities that you see, seeing there. the u.s. position as you know is that we don't take sides on territorial disputes. there's many of those around the globe, not just in the south china sea. but we do want them resolve peacefully, without coercion. and that we call on all the parties there, including the chinese, to ensure that as they approach these problems that they
CNBC
Dec 3, 2012 9:00am EST
up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on board with you because they fear your view. they think you do not favor going -- you favor going over the cliff. that's what they think. they think that you favor -- >> just for the record since we're on tv. that's silly if they think that they shouldn't be ceos. >> it doesn't really matter. that's what they think. >> i want you to walk me up to that moment. >> behind the record. i like that too. >> i'm stuck. li
CNBC
Dec 31, 2012 9:00am EST
't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if this thing suddenly got off the rails. take a listen to mitch mcconnell last night talking about the pace of the negotiations here and the frustration that he's experienced going through all of this over the weekend. take a listen. >> now, i'm concerned about the lack of urgency here. like we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american
CNBC
Dec 6, 2012 9:00am EST
a million reasons, well, it's a nokia phone, well, it's china. ipad miniis available. this is a stock that's so widely owned. it reminds me of sirius satellite. every doctor, every dentist owns apple. they don't know the price per share, they just know it is the proxy for the market. >> they just accelerated dividends. but i think we're talking now 150 companies in some fashion have accelerated or put forward a special dividend. you put forward a special market share, china is 76, with the market share at least. >> is it a disappointment that apple did not pay a special dividend? is that part of this? >> there was some of that. >> there was some expectation? not that they ever gave any voice to it. they never said a word about it. >> true. >> look, it is widely owned if the stock were -- it's obviously, here's the stock that went from 70 to 50, maybe it goes to 48, 45. everybody who doesn't know what apple is, other than the fact that they use an imac or iphone are selling it. and, look, if you're a hedge fund manager you went from thinking i have to own it, or i have to short it. . >> in
CNBC
Dec 18, 2012 9:00am EST
. last, but certainly not least, i think you could see the new leadership team in china come more aggressive reform program than people are expecting. >> all right. michael, good to have you. >> thank you so much. >> michael jones of riverfront. >> financials looking to continue their upward momentum from yesterday when both bank of america and citi hit new 52-week highs. independent research analyst meredith whitney has turned bullish on financials, too. whitney citing several factors including her view that banks are more than adequately capitalized. and guys, the weakest position banks from the crisis are now more than adequately capitalized, thus what they earn going forward, whatever that is, will now be theirs to employ with far greater discretion than has been the case in the past. that's the crux of her note. >> it needs to be listened to. i think we make a little bit much of meredith whitney, to be frank. it's been a controversial call on municipal bonds a couple of years ago that has not been proven correct. she might argue with that, but i think that's in the facts. you
CNBC
Dec 18, 2012 7:00pm EST
of uncertainty. so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be sign
CSPAN
Dec 1, 2012 2:30pm EST
30 million people out of poverty. when china joined they brought about 300 million people out poverty. that's been a big story. chinese savings in the world financial market were a part what drove the most recent about new welt wealth in the world. as brilliant a man as allen green span was unable to grasp the reality of our historical moment. it was in part due to that failure that somatic errorrers were made that lead to the meltdown in-housing crisis. in inadequate response, policy to what was really a change in financial market due to growth elsewhere in the world. in the next twenty to thirty years, 3 billion people are joining the global economy. it's going to be a transformation ten times what we have seen which was ten times what happened in japan. now if 3 billion people are suddenly given cognitive freedom, suddenly not thinking just moment to moment, day-to-day, in a existence but are creators, are collaborators, are new contributors, human beings are not just consumers. they are producers. and that's what this is about. it's the possibility that are created when that happe
FOX Business
Dec 26, 2012 3:00pm EST
off. reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: still, though, a downward trend with the chart. what's the story with silver? >> well, you saw silver pull back with gold. normally, they run, and now what we're seeing is there's a little bit more demand. china's picking up the pace a little. we are seeing silver that's up, what, 24 cents as of today? not a bad move from a one day, especially in the light volume. ashley: if we get it done on the fiscal cliff, will we see a selloff in metals? >> i don't believe that we will. europe right now is the safe haven. there's no negative news. by any means, they are not done with all that's going on over there. everything is focused here on the u.s. and the fiscal cliff, and until that is resolved, if it gets resolved, the traders are pulling back, volatility's high, and there's going to be very thin volume in the markets. it's not going to take mu
FOX Business
Dec 7, 2012 3:00pm EST
than china. it is a very significant number. we do it better and less expensively. cheryl: a report saying it would be a good thing for this country if we begin to export natural gas. it would be good for the u.s. economy. some, especially in washington, saying it would be a bad thing. it would be a job killer. >> it is hard to me to figure that out. i think we have to find a balance between exports and the cheap fuel in the united states which will cause that energy less dependence. cheryl: it would be nice to see some job creation. janet, of course, we will have you back in just a little bit. "the closing bell" will be ringing 51 minutes from now. natural gas exports may be poised for takeoff. it may have some unintended consequences. find out why dow chemical chief andrew liveris believes the gas surge is a job killer. wait until you hear what he has to say about dividends before year end. his one-on-one with liz claman is coming up. keep it right here. ♪ streamline the process? at fidelity, we it by merging two toolinto one, combining your customized char with leading-edge an
FOX News
Dec 10, 2012 3:00am PST
other. they discovered they were twin sisters separated from birth in china it is against the one of the girls was given up for adoption. they share mannerisms and they were married in the same year. the husband has the same first name. >> steve: and they dress alike. >> gretchen: what a fantastic story. the rest of the headlines ttook over 50 years for the murderer of a 7 year old to b brought to justice. jack mccullah will be sentenced for the murder. it is one of the oldest unsolved crimes. he was dismissed as a suspect but arrested last year after the investigation reopened. >> steve: meanwhile a 22 year old woman in oregon jumped in her car and drove off after two kids tried to rob her at gun point. the boys later to be found 7 and 11 years old. demanded money and her phone. >> i was afraid he would shoot my tires or window. i didn't think i was safe. >> brian: the boys were caught and turns out the gun was not loaded it is not known how they got the gun. they were turned over to their familis and the case is expected to go to jv court. >> brian: two students are accused of b
KCSMMHZ
Dec 3, 2012 6:00am PST
with envoys from japan, the united states, china, and russia, all members of the six-party talks on north korea's nuclear program. details of the meetings haven't been released, but it's believed the five nations discussed ways to convince officials in pyongyang to cancel the launch. south korea plans to send two aegis vessels capable of tracking missiles to the yellow sea to observe the launch. the monitoring will be done in coordination with u.s. forces. defense officials in seoul are also considering raising the country's alerstatus by one notch. japan's self-defense forces are on the alert in advance of this possible missile launch. the maritime sdf vessel carrying pac-3 missile interceptors has left its home port in hiroshima bound for okinawa. the pac-3 surface-to-air missiles are capable of shooting down debris should it come near the ground. the interceptors will be placed at several sites in okinawa. defense ministry officials expect the missile's flight path could take it over the islands of okinawa. commanders say they'll deploy aegis cruisers in those waters. they say they wou
ABC
Dec 26, 2012 5:30pm PST
>> made in china. i know, i know, i know your show. >> she knew, and so did thousands of others. tonight here, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen by a real life grinch, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect for travel being felt coast to coast. the monster storm system stretching from indiana to maine, all the way down to north carolina. more than a dozen states under winter watches and warnings this evening. and this is moving fast. nearly a foot of snow in some states already. more than a foot of snow in forecast for syracuse, new york. and in the heartland tonight, the thr
PBS
Dec 26, 2012 4:30pm PST
have the ecb. you have the government in china. so if don't fight the fed works then you don't want to take on all of these central banks. and market action has been showing this. when the year closes here, we're going to see new all-time yearly closing highs on the small-cap index, on the midcap index and on the dow transportation index. those are yearly closing highs. the nasdaq -- >> ok. >> excuse me? >> go ahead. i want to jump in and ask you, so you're talking mostly here about equities, for investors who have money in bonds, should they be now transferring money into equities or do you still see that it makes sense to keep some of your money in treasures and other bonds? >> it depends on the investor. if the yield is important to them as income and they won't need to sell their bonds before maturity, then i say hang on to them. i'm not one of those people who thinks that bonds are going to take a big drop. i would be skeptical of trying to play it tactically which means by some bond and then you look to sell them quickly, i wouldn't be doing that. but an investors who -- >> ok
WHUT
Dec 31, 2012 8:00am EST
, particularly the issues that you take a position on, on tibet, on china, it might not be outrageously brave, but there are consequences, perhaps professional consequences, that one might >> no. none. none. the worst consequence is that the chinese don't let me into mainland china or tibet. tavis: that's a consequence. >> since '93 was the last time they let me in. tavis: that's a consequence. >> that's -- tavis: do your films play there? >> underground. tavis: yeah. but see, that's a consequence. >> underground. tavis: that's a consequence. >> well, it's not a big deal. tavis: china's one of the biggest markets in the world. people want -- the studios want your films to make money. >> i did a movie -- well, i still keep working. how it is, i don't know. [laughter] i'm still amazed that people want me to keep doing it, and i'm going with the flow. hey, it's a great script and great people, i'm still there. i'll do it. but i had this wonderful experience after i was not allowed in china anymore, but i am allowed in hong kong, and tavis: we'll see how much longer that lasts, with the chinese r
ABC
Dec 6, 2012 6:30pm EST
powerhouse, apple, famous for its giant manufacturing operations in china, has promised to do something they have not done in nearly 20 years. build some apple computers right here in the united states. and abc's david muir, captain of our made in america team, is here with the latest. >> reporter: diane, as you know, for nearly three decades, apple made its computers in the u.s. tonight, word one of those lines will bear those three words we've been talking so much about here. made in america. tonight, that bold announcement from apple. ceo tim cook now says some of apple's mac computers will never year carry those three words, made in america. cook telling bloomberg business week that the company plans to spend 1$100 millioner in year t move production from the mac line from china back here to the u.s. it was this year, when asked about the factories they used to have here in america that tim cook talked about the possibility of bringing manufacturing back. >> there is some manufacturing revival in the u.s. will there be an apple product ever made again in the united states? >> i want
CNBC
Dec 13, 2012 5:00pm EST
. >> on luxury, the big thing for me is china's not 25% of the global luxury goods market and the u.s. is 20%. china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers
CSPAN
Dec 7, 2012 5:00pm EST
'm with the "world journal" could you address the growing chinese assertivenesses the south china sea and the east china sea -- the foreign ships are going territorial waters. so are you going participate in the coming events? and what can that message -- [inaudible] thank you. >> well, thank you for that question. of course, the issues that are being faced today in the south china sea and other areas in the north and central east asia, i think are complicated because of the nature of the territorial disputes. some of them historic, some of them now driven by the need for access to resources in those areas, and i think, to some degree has motivated some of the activities you see seeing there. the u.s. position, as you know, we don't take sides on territorial dispute. there's many of those around the globe not just around the south china sea. we want them resolved peacefully, without coerce. and that we call on all the parties there including the chinese to ensure that as the approach the problems they do so in a way that avoids con flict within that avoids miscalculation, that using the vehicles a
FOX Business
Dec 17, 2012 9:20am EST
on "varney & company," apple says it sold a record 2 million 3 c1 iphone 5's this weekend in china. still, one citigroup analyst down grades the stock and says it's got a much lower price target. there are also rumblings about orders for its products this christmas. all right, so, nicole, did we break below 500 bucks this morning? >> we did. we broke down on apple shares below $500 for the first time since february. but in that same breath, i can talk about the fact that their iphone sales over in china broke records on the rollout. stuart: okay, but right now, i'm seeing it expected to open around $510 a share. >> right. stuart: but i did see it pre-market at 499. just for a brief spell so we broke below very briefly and now we've broken back up again. >> and you have that citigroup downgrade which just piles on to the other analysts who have lowered their expectations on apple. stuart: and there's a switch. all right. john boehner bends and makes the president an offer and it includes higher tax rates on the rich. boehner's proposal, higher rates on incomes over a million dollars a year
FOX News
Dec 10, 2012 8:00am PST
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
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